Autohome (02518) fell by 4.71%. Zhongjin expects its traditional and used car business to be under pressure.

Autohome's (02518) stock price has fallen, as of the time of this report, it is reported at HKD 49.55, down 4.71%, with a transaction amount of 0.3053 million Hong Kong dollars. CICC stated that it is expected that Autohome's Q2 2024 revenue will increase year-on-year by 1.1% to CNY 1.853 billion, slightly lower than the bank’s previous expectations, mainly due to a greater-than-expected decline in media advertising business. It is expected that the non-general accounting standards attributable net income will be CNY 0.538 billion, which is lower than the bank’s expectations, mainly due to lower-than-expected revenue. The bank believes that the advertising budget for host factory vertical media may continue to tighten, and the company's advertising business bottoming out may be slower than expected; the bank predicts

金吾財訊01:14 ET

Autohome Cut to Neutral From Buy by Citigroup

Autohome Cut to Neutral From Buy by

Dow JonesJul 19 09:51 ET

Autohome Analyst Ratings

Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/19/2024 7.03% Citigroup $31 → $28 Downgrades Buy → Neutral 07/17/2023 75.84% Jefferies $48 → $46

BenzingaJul 19 09:39 ET

Citi Downgrades Autohome(ATHM.US) to Hold Rating, Cuts Target Price to $28

Citi analyst Brian Gong downgrades $Autohome(ATHM.US)$ to a hold rating, and adjusts the target price from $30 to $28.According to TipRanks data, the analyst has a success rate of 36.8% and a total

Moomoo NewsJul 19 08:34 ET · Ratings

Express News | Autohome : HSBC Cuts Target Price to $34 From $35

ReutersJul 19 00:19 ET

Autohome Inc. Schedules Q2 2024 Earnings Call

TipRanksJul 18 06:09 ET